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What is a w9 tax form & what is it used for | adobe acrobat sign

The Form W-9 form requires you to report the following, and is valid for 6 –12 months: Your gross income (the amount of money you made, earned, or collected in an official capacity (such as wages or salary) over the last calendar year); Your wages (the amount of money you paid your employees in an official capacity (such as wages or salary); Paid vacation time; Paid vacation expense; and Deductions, such as the amount of your charitable donations and your mortgage interest. To calculate your income, you need two categories of income: Individual Income Family Income When you take steps to calculate your income correctly, you will have a better understanding of what you paid and were entitled to receive in the past. For instance, if you had no pay in the year, your income should be the sum of your earned income (the amounts you receive for things like salaries, commissions, and commissions) minus the amount of any.